StockWatch
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Gems- Jewellery And Watches
Regulatory2 Nov 2026, 10:38 am

PC Jeweller: SEBI Issues Warning for Lacking Digital Database

AI Summary

PC Jeweller Ltd has informed BSE that the Securities and Exchange Board of India (SEBI) has issued administrative warning letters to its Promoter & Managing Director, Shri Balram Garg, and Company Secretary & Compliance Officer, Shri Vijay Panwar. The warning is for failing to maintain a structured digital database concerning a business update provided for the quarter ended June 30, 2025. The company stated that while the database was not maintained, the trading window was closed for designated persons from July 1, 2025, to August 3, 2025. The details of the violation and the action taken are enclosed as Annexure-1. The company has taken this information on record.

Key Highlights

  • SEBI issued administrative warning letters to MD and Company Secretary.
  • Reason: Failure to maintain structured digital database.
  • Violation relates to business update for Q1 FY25.
  • Trading window was closed for designated persons.
  • No quantifiable monetary impact reported.